Denmark's current account switched to DKK 4.1 billion surplus in March 2020 from DKK 2.9 billion gap in the corresponding month of the previous year. The goods surplus surged to DKK 13.9 billion from DKK 7.5 billion, while the primary income deficit declined to DKK 6.2 billion from DKK 8.4 billion. Meantime, the services account gap widened to DKK 2.1 billion from DKK 1.2 billion in a year earlier, while the secondary income deficit went up to DKK 1.5 billion from DKK 0.7 billion.
Current Account in Denmark averaged 9970.34 DKK Million from 2005 until 2020, reaching an all time high of 25957 DKK Million in October of 2019 and a record low of -4967 DKK Million in March of 2008. This page provides - Denmark Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Denmark Current Account - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020. source: Statistics Denmark
Current Account in Denmark is expected to be 17000.00 DKK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Denmark to stand at 11000.00 in 12 months time. In the long-term, the Denmark Current Account is projected to trend around 9500.00 DKK Million in 2021, according to our econometric models.